Reborn Capital Madman

So, can Standard Chartered Bank lose the right to issue Hong Kong dollar notes?

Obviously, the answer is no!

The reason is obvious. Standard Chartered Bank Group's business relies on the British overseas market for as much as 90%, and the Hong Kong market is the top priority of this 90%.

Standard Chartered Bank has held the right to issue Hong Kong dollar notes in Hong Kong for more than 100 years, which has brought countless tangible and intangible benefits.

Just to give a few examples of side effects, once Standard Chartered Bank loses the right to issue Hong Kong dollar notes in Hong Kong, it will lose an important and special advertising opportunity. It will inevitably be suspected by the outside world that its strength will plummet.

Originally, in the Hong Kong market, Gao's Bank Group pushed Standard Chartered Bank Group behind and started competition with Huifeng Bank Group. If Standard Chartered Bank Group itself failed first, it is very likely that Gao's Bank Group and Huifeng Bank Group would be the first to fail.

The banking group will tacitly turn around and swallow up the market gap vacated by the Standard Chartered Bank Group first.

Anthony Barber and Michael McWilliam showed their seniority in front of Qiu Deba and Bao Yugang, emphasizing that they knew the situation of Standard Chartered Bank Group best and should listen to their decisions. Then they naturally knew the stakes involved.

After the expression on his face changed for a while, Anthony Barber was finally defeated. The board of directors came here first to understand the new situation in Xiangjiang as soon as possible before holding a board meeting.

…

The topic in Hong Kong about whether the right to issue Hong Kong dollar notes should only be held by local banks has indeed topped the list of media reports. This is not unrelated to the logic Gao Xian is trying to convey.

To put it in plain language, Xiangjiang has entered a transitional period and will have to manage itself in the future. How to live a long-term and stable life should be planned in advance.

Standard Chartered Bank Group, which holds the right to issue Hong Kong dollar notes, was hostilely acquired by Lloyds Bank. No one can deny the potential threat to Hong Kong's financial stability. Since it has been put in front of the public, it should be taken seriously and dealt with as soon as possible.

The loopholes are closed.

The superficial resistance in the actual operation process is not great. Among the three note-issuing banks in Hong Kong, Hui Feng Bank and Yongli Bank are both headquartered in Hong Kong, while only Standard Chartered Bank is headquartered in London.

Looking at it from the perspective of Standard Chartered Bank, the difficulty of solving the problem is negligible, so that outsiders immediately helped to think of a solution, adjusted the group structure, registered a bank holding company, and then officially established Standard Chartered Hong Kong Bank, so that

It holds the right to issue Hong Kong dollar notes, which is basically in compliance with the law. Who will continue to take it seriously? After all, the strength of the Standard Chartered Bank Group is not weak, and there is no need to keep Xiangjiang away from others.

Traffic is not something that just appeared in the Internet era. At most, there is a difference in understanding and naming.

In Xiangjiang, which has entered a period of transition, one of the tricks used by the ghost guys to dig holes is to select performers to gain so-called support, help them to rise to power, and serve as agents.

The topic of whether the right to issue Hong Kong dollar notes should only be held by local banks generates sufficient traffic and does not affect fundamental interests. Therefore, whoever rushes to the front and gets attention can gain both fame and fortune.

As a result, both those who sincerely hope for the long-term and stable development of Hong Kong, or the mixed sand, are on the side that only local banks can hold the right to issue Hong Kong dollar notes. This is even the result of the debate in the Legislative Council. Even Hong Kong

The Executive Committee of the Banking Association also mentioned this topic at its regular working meeting.

Following the Hong Kong banking crisis and the Hong Kong dollar crisis in 1983, when Lee Bank first served as chairman of the Hong Kong Banking Association, this year it is Lee Bank's turn to hold this position for the second time.

During his term of office in 1983, the focus of the Chairman of the Hong Kong Banking Association was to stabilize the banking industry in Hong Kong; in this year's term, the focus of the Chairman of the Hong Kong Banking Association is to further deepen the development of Hong Kong's yen offshore financial center, which is not so life-or-death critical.

Already.

Specifically, a set of provisions for the establishment of the Japanese yen offshore market has been officially released. All banks are actively seeking business licenses, lest they lose the dividends of the appreciation of the yen, which will help banks successfully promote the banking industry in Hong Kong.

The association's executive committee was expanded to include the Bank of Tokyo, currently the most important foreign exchange bank.

This operation can be said to be a natural one. They all hope to get a share of the booming economic development. How can they not give them a matching status? Even the banks in the United States are more keen on this kind of ecstasy routine, even raising their feet.

Stand up and agree.

The topic "Only local banks can hold the right to issue Hong Kong dollar notes" was mentioned at the regular working meeting of the Executive Committee of the Hong Kong Banking Association. In fact, it appeared in a relaxed atmosphere. It was a joke and it is not difficult to understand.

, once Standard Chartered Xiangjiang Bank is officially established, the senior executives at Xiangjiang will definitely undergo a wave of upgrades such as vice president to president.

People at Standard Chartered are not disgusted by this kind of joking. They think it is harmless and even natural. Since Xiangjiang has contributed so much, shouldn't it be better to improve the treatment?

However, in this wave of social hot spots in Xiangjiang, where everyone gets what he wants, hello, me, everyone, hello, Hui Feng does not feel so comfortable.

Originally, Huifeng Daban Puwei Shi had even set up small benches and melon seeds, waiting to watch the palace battle drama of Standard Chartered Bank Group. Watching the white warrior supported by Gao Bank Group end up in disgrace, how could he draw it?

When the situation changes and the focus is on improving the banking management system in Hong Kong, will only local banks hold the right to issue Hong Kong dollar notes?

If this trend continues, Qiu Deba and Bao Yugang will be able to gain a firm foothold in the Standard Chartered Bank Group through Standard Chartered Hong Kong Bank. Furthermore, the Gao Bank Group behind them will not waste the money they loaned out.

As for the impact on Hui Fung’s secret plan to withdraw from Hong Kong after the introduction of new regulations on Hong Kong’s banking industry that only local banks can hold the right to issue Hong Kong dollar notes, it’s not that big, but it’s just disgusting, and it’s easy to let Hui Fung’s intentions slip.

exposed early.

Pu Weishi observed the situation again and saw that it was inevitable that the new regulation "Only local banks could hold the right to issue Hong Kong dollar notes" was introduced, so he and his senior advisers thought of another move, "Only local banks can hold the right to issue Hong Kong dollar banknotes".

It is not perfect for banks to hold the right to issue Hong Kong dollar notes. One more step should be added. Note-issuing banks have the background of listed companies in order to accept public supervision and stabilize Hong Kong's finance.

It is obvious who the perfect terms proposed by the Hui Feng faction are aimed at.

Among the three note-issuing banks in Hong Kong, regardless of where their stocks are listed, Huifeng and Standard Chartered all have the background of public listed companies, with the exception of Benefit Bank.

After Gao Xian received the latest news, he couldn't help but laugh.

It seems that this blow not only caused Standard Chartered to feel pain, but also touched Huifeng's nerves.